NOT LISTED FOR SALE

Estimated Value: $287,829 - $363,000

-- Bed
1 Bath
571 Sq Ft
1930 Built

Last Sold May 26, 2022

Last sale price $278,000 $487 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,057/month

204 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Newly Remodeled
  • Marble Flooring
  • Community Pool

About This Home

As of May 2022

Price reduction! We heard you. Enjoy this upgraded LARGE study as is or turn into a private 1 bedroom. Video available of neighbor's unit who did just that (of course, check with your architect). A slice of World Famous Ocean Dr. can be yours! Stunning 1930's building; The Van Ness sits directly across from the Atlantic Ocean; Food and Wine Festival, Art Deco Weekend or a quick ride to the Miami Book Fair, the American Black Film Festival, Jazz in the Gardens, Art Basel and PRIDE Week. Unit drenched in natural light with a glimpse of ocean. Discussion possible to separately purchase an in-house parking space. Furniture neg. Pool, elevator, laundry, Municipal/street parking outside building. 10% reserves. No rentals 1st year, no short term rentals. Call LA for showings.

Last Agent to Sell the Property

Michele Colson

Gary Hennes Realtors License #0688677 Listed on: 10/21/2021

Last Buyer's Agent

Chelsea Bagley

Compass Florida, LLC License #3468697

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • Ocean Front
  • East Facing Home
  • Fenced

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 571 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Unrestricted saltwater access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-075-0260

Community Details

Overview

  • Property has a Home Owners Association
  • 34 Units
  • The Van Ness Condos
  • 1390 Ocean Drive Condo Subdivision
  • Property has 1 Level

Amenities

  • Laundry Facilities
  • Elevator
  • Interior Hall

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $596

Security

  • Card or Code Access
  • Walled
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,901

Year Built

Built in 1930 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Corner of 14 and Ocean Dr. No vehicular traffic on Ocean Dr.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1390 OCEAN DRIVE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry, Closet Cabinetry, Pantry, Vaulted Ceiling(s)
  • Full Bathrooms: 1
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 571
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Blinds, Double Hung Metal
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Van Ness
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, Walled

Condo/Co-op/Association

  • Amenities: Laundry, Elevator(s), Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-075-0260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 596
  • Number Of Units In Community: 34
  • Number Of Units Total: 31

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
May 25, 2022
Sold by
Glenn Kanefsky and Glenn Alice
Bought by
Frimpong-Boateng Kwesi
Seller's Agent
Michele Colson
Gary Hennes Realtors
Buyer's Agent
Chelsea Bagley
Compass Florida, LLC
List Price
$330,000
Sold Price
$278,000
Premium/Discount to List
-$52,000
-15.76%
Current Estimated Value
$320,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,457
Avg. Annual Appreciation
4.16%
Original Mortgage
$208,500
Outstanding Balance
$198,636
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$118,785

Purchase Details

Closed on
Jan 14, 2022
Sold by
Glenn Kanefsky and Glenn Alice
Bought by
Palacios Angel L

Purchase Details

Closed on
Apr 28, 2005
Sold by
Kanefsky Victor and Kanefsky Alice Glenn
Bought by
Kanefsky Victor and Kanefsky Alice Glenn

Purchase Details

Closed on
Apr 11, 2005
Sold by
Kanefsky Victor and Kanefsky Alice Glenn
Bought by
Kanefsky Victor and Kanefsky Alice Glenn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frimpong-Boateng Kwesi $278,000 Ads Title
Palacios Angel L $50,000 Santamaria Carmen L
Kanefsky Victor -- --
Kanefsky Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frimpong-Boateng Kwesi $208,500
Previous Owner Kanefsky Victor $27,973
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $278,000 -5.8% $487 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $295,000 -10.6% $517 / Sq Ft
10/21/2021 10/21/21 For Sale $330,000 -- $578 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,773 $217,800 -- --
2024 $4,157 $242,000 -- --
2023 $4,157 $220,000 $0 $0
2022 $3,758 $200,000 $0 $0
2021 $3,891 $201,500 $0 $0
2020 $3,901 $201,500 $0 $0
2019 $3,905 $201,500 $0 $0
2018 $3,609 $191,909 $0 $0
2017 $3,618 $190,009 $0 $0
2016 $4,073 $183,264 $0 $0
2015 $2,951 $166,604 $0 $0
2014 $2,951 $151,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11114576

MIAMI REALTORS® MLS

APN: 02-3234-075-0260